Hi Stefi
If the traffic is 'at a standstill' it has stopped, usually, but not always, due to congestion or some other incident that has caused everything to stop.
If there is a holdup, then it does not necessarily mean that the traffic has stopped (at a standstill), but will frequently mean simply that a journey is delayed or slower due to some reason or other, such as an accident or congestion. So, you can be held up (by a 'traffic jam') without actually stopping.